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Solar Interconnection Applications on the Rise
As the U.S. solar industry enters Q4 2018, a record number of solar interconnection applications are anticipated before year end at the request of anxious commercial customers focused on getting their projects built and turned on during fiscal year 2019. Strong pick-up in commercial solar demand is attributable to the following three economic considerations that will be in play during calendar year 2019:
- The 30% Investment Tax Credit (ITC) Steps Down After 2019
- Net Metering 3.0 Will Likely Take Effect by 2020
- Interest Rates are Rising